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Today in the markets

The latest news and events driving markets around the world, supplied by Marketwatch and Reuters.

Please remember that the ideas and conclusions in this section do not necessarily reflect the views of Fidelity’s portfolio managers or analysts. They are for general interest only and should not be taken as investment advice or as an invitation to purchase or sell any specific security.

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More latest news

Xiaomi puts indefinite delay on CDRs in blow to China's plans for tech listings

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China's ZTE expected to take last step to lift ban: U.S. official

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Bitcoin falls to four-month low in persistent bearish trend

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British lawmakers call for probe of Lloyds, KPMG over HBOS fraud

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Shares in Russia's Sistema drop 9 percent on U.S. sanctions fears

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UK

FTSE 100 ends higher, flipping green for the week

MarketWatch - Last Update:

Analyst:' Equity markets are experiencing a bit of a bounce'. U.K. stocks finished sharply higher Friday, helped by a rally for the energy sector as oil prices gained, with the advance flipping the FTSE 100 benchmark into the green for the week. The FTSE 100 jumped 1.7% to close at 7,682.27, after dropping 0.9% Thursday.

Europe

European stocks finish higher, but still suffer weekly loss

MarketWatch - Last Update:

By Carla Mozee and Victor Reklaitis, MarketWatch. Stocks across Europe closed higher Friday, aided by data showing business activity picked up in the eurozone after a slowdown. Also helping sentiment was a eurozone agreement on a debt-relief plan for Greece after the country's bailout ends, and the energy sector got a lift from a rally for oil prices.

US

How oil prices will affect your summer road trip

MarketWatch - Last Update:

As OPEC agrees to boost oil production, motorists are feeling the pain at the pump. Hitting the open road for a summer getaway is a lot more expensive this year-- but some relief is in sight. The Organization of Petroleum Exporting Countries, the multi-state cartel that controls much of the world's oil production, said Friday that its members had agreed to scale back production cuts that first began in 2016. Based on the group's announcement, it appears that these countries will...

Asia

Asian markets end mixed as trade worries weigh

MarketWatch - Last Update:

Automakers lead losses in Japan; Shanghai index salvages a small gain but teeters near bear-market territory. Asian markets recovered broad early losses to close mixed Friday. The region initially took its cues from weaker U.S. action Thursday, as the Dow posted its eighth straight decline and trade tensions between the U.S. and China remained high.

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